XYRUS
Open bankruptcyA bankruptcy procedure is open for XYRUS according to publications in the Belgian State Gazette; curator: TOON BRAWERS.
Summary
The 2022 annual accounts show negative equity (-€236,704) and a net result of -€48,896.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Antwerp, Mechelen division
- Declared bankrupt
- 12 January 2026
- Supervising judge
- Eric Provoost
- Official Gazette
- 16-01-2026 (pdf) ↗search the document for 2026/101405
Deadlines
- Provisional date payments stopped
- 12 January 2026A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 31 January 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 11 February 2026art. XX.104 and XX.155 CEL
- First verification report
- passed on 9 March 2026Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- 12 January 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Toon BrawersZomerstraat 16, 2590 Berlaartoon@hechtrecht.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Two signals.
+raises risk
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Public administration and defence; compulsory social security sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, abbreviated schema
Equity
-€236,704▼ 26.0%
2021 · -€187,808
Total assets
€70,707▼ 35.3%
2021 · €109,315
Net result
-€48,896
2021 · €15,297
Working capital
-€225,161▼ 51.3%
2021 · -€148,798
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 84, Public administration and defence; compulsory social security, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result-€59,485--€100,907▼ 69.6%-€78,086▲ 22.6%€15,140-€47,844
Net result-€59,666--€101,720▼ 70.5%-€80,579below the sector's middle half▲ 20.8%€15,297within the sector's middle half-€48,896within the sector's middle half
Equity-€20,805--€122,525▼ 489%-€203,105below the sector's middle half▼ 65.8%-€187,808below the sector's middle half▲ 7.5%-€236,704below the sector's middle half▼ 26.0%
Total assets€214,676-€296,392▲ 38.1%€149,755below the sector's middle half▼ 49.5%€109,315below the sector's middle half▼ 27.0%€70,707below the sector's middle half▼ 35.3%
Debt€235,481-€418,918▲ 77.9%€352,859▼ 15.8%€297,123▼ 15.8%€307,412▲ 3.5%
Working capital-€88,949--€144,009▼ 61.9%-€168,102below the sector's middle half▼ 16.7%-€148,798below the sector's middle half▲ 11.5%-€225,161below the sector's middle half▼ 51.3%
Solvency-9.7%--41.3%▼ 31.6pp-135.6%below the sector's middle half▼ 94.3pp-171.8%below the sector's middle half▼ 36.2pp-334.8%below the sector's middle half▼ 163.0pp
Current ratio0.61-0.65▲ 0.040.45below the sector's middle half▼ 0.200.41below the sector's middle half▼ 0.040.23below the sector's middle half▼ 0.17
Return on assets (ROA)-27.8%--34.3%▼ 6.5pp-53.8%below the sector's middle half▼ 19.5pp14.0%above the sector's middle half▲ 67.8pp-69.2%below the sector's middle half▼ 83.1pp
Staff (FTE)1.4-1.5▲ 7.1%1.2below the sector's middle half▼ 20.0%1.6below the sector's middle half▲ 33.3%1.4below the sector's middle half▼ 12.5%
above
within
below
the middle half (P25 to P75) of NACE 84, Public administration and defence; compulsory social security, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €47,844 after €15,140 in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €70,707
Fixed assets
€1,620 ▼ 75.7%
Current assets
€69,087 ▼ 32.7%
Key figures and ratios
EBITDA
-€42,794▼
2021 · €25,199
Cash flow
-€43,846▼
2021 · €25,356
Debt to equity
-1.30▲
2021 · -1.58
Interest coverage
-40.68▼
2021 · 81.99
Debt ≤ 1 year
€294,248▲
2021 · €251,443
Staff costs
€79,508▲
2021 · €77,050
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €77,050 | €79,508 | ▲ 3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €56,285 | €43,220 | €15,335 | €10,060 | €5,050 | ▼ 49.8% |
| Other operating charges640/8 | - | - | - | €449 | €815 | ▲ 81.7% |
| Gross operating margin9900 | €74,934 | €17,065 | €15,186 | €102,698 | €37,528 | ▼ 63.5% |
| Operating profit (loss)9901 | -€59,485 | -€100,907 | -€78,086 | €15,140 | -€47,844 | ▼ 416% |
| Financial income75/76B | - | - | - | €464 | €0 | ▼ 100% |
| Recurring financial income75 | €157 | €7 | €543 | €464 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | €307 | €1,052 | ▲ 242% |
| Recurring financial charges65 | €338 | €795 | €2,994 | €307 | €1,052 | ▲ 242% |
| Profit (loss) for the period before taxes9903 | -€59,666 | -€101,695 | -€80,537 | €15,297 | -€48,896 | ▼ 420% |
| Income taxes67/77 | €0 | €25 | €42 | €0 | - | - |
| Profit (loss) for the period9904 | -€59,666 | -€101,720 | -€80,579 | €15,297 | -€48,896 | ▼ 420% |
| Profit (loss) for the period to be appropriated9905 | -€59,666 | -€101,720 | -€80,579 | €15,297 | -€48,896 | ▼ 420% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €214,676 | €296,392 | €149,755 | €109,315 | €70,707 | ▼ 35.3% |
| Formation expenses20 | €1,397 | €0 | - | - | - | - |
| Fixed assets21/28 | €73,747 | €29,615 | €14,280 | €6,670 | €1,620 | ▼ 75.7% |
| Intangible fixed assets21 | €73,747 | €29,615 | €14,280 | €6,670 | €1,620 | ▼ 75.7% |
| Tangible fixed assets22/27 | €0 | - | - | - | - | - |
| Financial fixed assets28 | €0 | - | - | - | - | - |
| Current assets29/58 | €139,532 | €266,777 | €135,475 | €102,645 | €69,087 | ▼ 32.7% |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €118,911 | €242,153 | €96,967 | €76,189 | €67,665 | ▼ 11.2% |
| Trade receivables40 | - | - | - | €76,189 | €60,661 | ▼ 20.4% |
| Other amounts receivable41 | - | - | - | €0 | €7,004 | - |
| Current investments50/53 | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €16,332 | €6,187 | €33,059 | €22,394 | €1,422 | ▼ 93.6% |
| Deferred charges and accrued income490/1 | - | - | - | €4,061 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €214,676 | €296,392 | €149,755 | €109,315 | €70,707 | ▼ 35.3% |
| Equity10/15 | -€20,805 | -€122,525 | -€203,105 | -€187,808 | -€236,704 | ▼ 26.0% |
| Contributions10/11 | €297,510 | €297,510 | €297,510 | €297,510 | €297,510 | = |
| Capital10 | - | - | - | €297,510 | €297,510 | = |
| Issued capital100 | - | - | - | €297,510 | €297,510 | = |
| Reserves13 | €0 | - | - | €765 | €765 | = |
| Non-distributable reserves130/1 | - | - | - | €765 | €765 | = |
| Legal reserve130 | - | - | - | €765 | €765 | = |
| Profit (loss) carried forward14 | -€318,315 | -€420,035 | -€500,614 | -€486,082 | -€534,979 | ▼ 10.1% |
| Provisions and deferred taxes16 | €0 | - | - | - | - | - |
| Amounts payable17/49 | €235,481 | €418,918 | €352,859 | €297,123 | €307,412 | ▲ 3.5% |
| Amounts payable after more than one year17 | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €228,481 | €410,786 | €303,577 | €251,443 | €294,248 | ▲ 17.0% |
| Trade debts44 | €125,942 | €284,296 | €148,188 | €81,254 | €145,375 | ▲ 78.9% |
| Suppliers440/4 | - | - | - | €81,254 | €145,375 | ▲ 78.9% |
| Taxes, remuneration and social security45 | - | - | - | €5,387 | €17,072 | ▲ 217% |
| Taxes450/3 | - | - | - | €696 | €2,422 | ▲ 248% |
| Remuneration and social security454/9 | - | - | - | €4,690 | €14,650 | ▲ 212% |
| Other amounts payable47/48 | - | - | - | €164,802 | €131,802 | ▼ 20.0% |
| Accrued charges and deferred income492/3 | - | - | - | €45,680 | €13,164 | ▼ 71.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€59,666 | -€101,720 | -€80,579 | €15,297 | -€48,896 | ▼ 420% |
| + Depreciation and write-downs630 | €56,285 | €43,220 | €15,335 | €10,060 | €5,050 | ▼ 49.8% |
| Operating cash flow (approximation) | -€3,381 | -€58,500 | -€65,244 | €25,356 | -€43,846 | ▼ 273% |
| Investment in fixed assets (approximation) | - | €912 | €0 | -€2,450 | €0 | ▲ 100% |
| Change in cash | - | -€10,144 | €26,872 | -€10,665 | -€20,972 | ▼ 96.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
16-01
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · event 12-01-2026
2024
25-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 269 days late
2022
24-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 85 days late
2021
31-12
Financial
Back to profitnet €15,297
Net result €15,297 after 3 loss-making years.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 89 days late
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet -€101,720
Net result drops to -€101,720, the lowest in the series.
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 91 days late
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
11-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 42 days late
2016
07-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
19-01
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
28-02
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 28 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lier · 1 establishment unit since 2000
Ground area
282 m²
Building footprint
493 m²
Volume, LiDAR
3,316 m³
Parcel 12021I0160/00K000, Flanders · tallest building 17.8 m, ±2 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
XYRUS NV
since 20002.133.280.418
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12021I0160/00K000 | Flanders | 282 m² | 1 · 493 m² | 17.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | TOON BRAWERS ZOMERSTRAAT 16, 2590 BERLAAR- |
12-01-2026 → present |
Structure & network
Owners and holdings
1 ownerChain of control
- OPEN RISK MANAGEMENT
- XYRUS
Highest known parent: OPEN RISK MANAGEMENT. The sources do not say who stands above it.
Owners 1
-
100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,564 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,564 EUR | 0 EUR |
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Of 145 companies in sector 84120 we hold annual accounts for 38. 18 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded26-09-2000
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
84120Public administration and defence; compulsory social security
66210Risk and damage evaluation
85599Other education
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.